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Bank of America launched a $20 million marketing campaign

January 27, 2010

Bank of America launched a $20 million marketing campaign focused on retirement planning, including a Web site, texting effort, and ad campaign. Dubbed  "help2retire______," the initiative encourages consumers to work with a Merrill Lynch adviser.  One aspect of the campaign, which runs through April, will prompt people in Times Square to send text messages about "help2retire," and then post the texts on a large billboard.

Analysts note that the campaign is also an effort to help BofA better integrate Merrill Lynch, which it acquired last year.

Also in the news:

  • Forrester analyst Augie Ray suggests that marketers who demand "hard and demonstrable ROI" from all social media efforts will lose out on many of the benefits.
  • Apple is expected to unveil its highly anticipated tablet product today, which could prove a boon to publishers.
  • Newsday responds to a report that it has only lured 35 subscribers with its relatively new paywall.

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